German Politician: Euro Downgrade as American Plot

Posted by John Rosenthal

Standard & Poor’s warning that no less than fifteen eurozone states, including Germany, could lose their AAA credit rating has been met with howls of protest from many leading German politicians. But it was Rainer Brüderle of the ostensibly pro-free market Free Democratic Party (FDP) who had perhaps the most extreme reaction.

See my new post on the Weekly Standard blog here.

Comments are closed.